- Chinese billet prices decreased by RMB 10/t ($1/t) compared to 29 Dec’25 to RMB 2,940/t ($421/t) on 30 Dec’25; SHFE rebar increased by RMB 9/t ($3/t) to RMB 3,105/t ($442/t).
- Prices were mixed as weak trade volumes and heavy mill order pressure capped gains, while stable raw material costs and neutral export sentiment kept billet prices low and supported a modest rise in rebar.
China: Billet slips, rebar edges up d-o-d towards year-end as market sentiment stays cautious
billet price China china commodities market China steel exports china steel market China steel price update China steel sentiment China: Billet slips China: Billet slips and rebar edges up d-o-d towards year-end as market sentiment stays cautious Chinese billet prices Chinese steel mills coke prices China ferrous market China Iron ore China raw material prices China rebar edges up as market sentiment stays cautious rebar futures China SHFE rebar prices steel trade volumes
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